Recommendation Discover it Student Cash Back Card

Benefits of the Discover it Student Cash Back Card

The Discover it Student Cash Back Card is a great option for any college student who wants to earn cash back on their everyday spending. It has a good cash-back program, no annual fee, and can assist students to establish their credit history.

Rewards Program:

The Discover it Student Cash Back Card offers 5% cash back on everyday purchases in different categories that change every quarter like grocery stores, restaurants, gas stations, and more up to the quarterly maximum when you activate. Also, you get an unlimited cash rebate of 1% on all other purchases without having to do anything. This makes it possible to earn rewards on both ordinary and extraordinary purchases.

Welcome Bonus:

Another strength of this card is its welcome bonus offer. Discover will double all the cash back earned by the new cardmembers at the end of the first year of their card usage. This means that whatever cash back you receive in the first year, Discover will give you an equal amount, thus doubling your rewards.

Annual Fee:

The Discover it Student Cash Back Card does not charge an annual fee so you can use its services without being charged any recurrent fees.

APR and Fees:

The card offers an initial interest rate of 0% on all purchases for the first six months. After this period, the variable interest rate increases from 18.24% to 27.24%, depending on your credit profile. For balance transfers, the initial rate is 3%, with a fee of up to 5% for future transfers (check terms). Additionally, the card has no international transaction fees, making it a great option for students or frequent international travelers.

Credit Needed:

This card is ideal for students with average credit or those who have no credit history at all, which is quite common among college students.

Pros:

The Discover card offers 5% cash back on rotating categories each quarter, up to the maximum redemption limit, and 1% cash back on all other purchases, with no limit. Additionally, Discover will double all cash back earned in your first year. The card also has no annual fee or international transaction fees, making it a great option for those seeking rewards and benefits without additional costs.

Cons:

To take advantage of the 5% cashback, you need to choose the categories you want to spend in each quarter. However, the cashback program has a $1,500 quarterly purchase limit for the categories that offer this percentage back. Additionally, to qualify for this card, you must be a US citizen and a college student.

The Discover it Student Cash Back Card is perfect for students who want to earn more cash back on their daily spending while establishing their credit. This card is ideal for cash-back rewards, a big welcome bonus, and no annual fees.

Sign up today and begin earning cash back and other perks with the Discover it Student Cash Back Card.